Thursday, September 10, 2015

SINGAPORE-LISTED Reits and stapled trusts averaged negative total
returns of 5.9 per cent in the year-to-date, underperforming the global
benchmark's total return of 0.7 per cent, according to data compiled by
SGX StockFacts on Wednesday.

SINGAPORE shares opened lower on Thursday with the benchmark Straits
Times Index slipping 40.6 points or over one per cent to 2,887.6 as at
9.02am.

Some 86 million shares worth S$82 million were done. Losers outpaced gainers with 138 counters down and 30 counters up.

Wall Street closed sharply lower overnight on Wednesday, weighed down
by rate hike fears, sparked by a report showing a record rise in job
openings in July and falling crude oil prices. These outweighed
expectations of more stimulus measures from China and Japan.

The Dow Jones Industrial Average lost 1.5 per cent while the S&P
500 slipped 1.4 per cent and Nasdaq Composite shed 1.2 per cent.

Monday, September 7, 2015

China's central bank governor and its market regulator have admitted
that there were "bubbles" on the country's stock exchanges, after a
spectacular rally was followed by a painful bust, but said the
turbulence was coming to an end.

The benchmark Shanghai Composite Index by more than 150 per cent in
the year to June 12, fuelled by debt rather than fundamentals and
encouraged by authorities.

THE Singapore bourse opened lower with the benchmark Straits Times
Index falling 27.22 points to 2,836.59 as at 9.01 am on Monday.

Some 48 million shares worth S$89 million were traded with 32 counters up and 117 down.

US stock indices fell last Friday after a mixed August jobs report
which provided little clarity on when the US Federal Reserve will raise
short-term interest rates. Wall Street will be closed on Monday because
of the Labor Day long weekend.